TO:
Honorable Mayor and Members of the City Council
THROUGH:
Talyn Mirzakhanian, City Manager
FROM:
Masa Alkire, AICP, Community Development Director
Adam Finestone, AICP, Planning Manager
Jaehee Yoon, AICP, Senior Planner
Justin Urbanski, Associate Planner
SUBJECT:Title
South Bay Cities Council of Governments (SBCCOG) Housing Trust Discussion (No Budget Impact) (Community Development Director Alkire).
(Estimated Time: 30 Min.)
DISCUSS AND PROVIDE DIRECTION
Body
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RECOMMENDATION:
Staff recommends that the City Council discuss and provide direction on the South Bay Cities Council of Governments (SBCCOG) request that the City of Manhattan Beach participate in the establishment of the proposed South Bay Regional Housing Trust (SBRHT).
FISCAL IMPLICATIONS:
There are no fiscal implications associated with opting out of the SBRHT. If the Council desires to join the SBRHT JPA, there may be annual fees required to cover administrative costs after the first year of operations. Membership costs will be determined by the SBRHT Board of Directors (comprised of elected officials from each participating city) in the future and not the SBCCOG. For the first year, start-up costs will be covered completely with funds that the SBCCOG has received. Given that membership costs have not been established, future fiscal implications associated with joining the SBRHT JPA, if any, are unknown at this time.
BACKGROUND:
SBCCOG is a JPA government agency comprised of 16 cities in the South Bay and the County of Los Angeles that share the goal of maximizing the quality of life and productivity by working collaboratively on various regional matters impacting our communities. As part of a Regional Early Action Planning 2.0 grant-funded program through the Southern California Association of Governments (SCAG), the SBCCOG has been working on creating a regional housing trust. If formed, the SBRHT would help fund the deve...
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